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Mittal Life StyleNSE:MITTAL -4.26%63 3-Year ROIIC % is 3.02 as of Mar. 2026, which is 75% below its 10-year median of 11.90. GuruFocus rates NSE:MITTAL with a GF Score™ of 63/100 and a GF Value™ of ₹1.56 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,014 Manufacturing - Apparel & Accessories companies, Mittal Life Style ranks better than 53.65% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Mittal Life Style's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 3.02%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Mittal Life Style's 3-Year ROIIC % or its related term are showing as below:
NSE:MITTAL's 3-Year ROIIC % is ranked better than 53.65% of 1014
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.495
vs NSE:MITTAL: 3.02
Mittal Life Style (NSE:MITTAL) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Mittal Life Style 3-Year ROIIC % Related Terms
Mittal Life Style 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Mittal Life Style's 3-Year ROIIC % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mittal Life Style 3-Year ROIIC % Competitor Comparison
For the Textile Manufacturing subindustry, Mittal Life Style's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mittal Life Style 3-Year ROIIC % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mittal Life Style's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Mittal Life Style's 3-Year ROIIC % falls into.
Mittal Life Style's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 23.238585 (Mar. 2026) - 4.2555281 (Mar. 2023) )
/
( 824.058 (Mar. 2026) - 194.761 (Mar. 2023) )
=
18.9830569
/
629.297
=
3.02%***
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Mittal Life Style (NSE:MITTAL) has a 3-Year ROIIC % of 3.02 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Mittal Life Style and its competitors. This is 75% below median its historical median of 11.90. According to the industry distribution chart, Mittal Life Style ranks #470 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 46.4%.
Is Mittal Life Style's 3-Year ROIIC % too high?
Mittal Life Style's current 3-Year ROIIC % of 3.02 is 75% below median its 10-year median of 11.90. The Manufacturing - Apparel & Accessories industry median 3-Year ROIIC % is 1.50. Mittal Life Style's value of 3.02 is 102% above this industry median. Based on the distribution chart, Mittal Life Style ranks #470 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Mittal Life Style has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mittal Life Style's 3-Year ROIIC % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mittal Life Style ranks #470 out of 1014 companies for 3-Year ROIIC %. This puts Mittal Life Style in the upper half of its industry. The industry median 3-Year ROIIC % is 1.50. Mittal Life Style's value of 3.02 is 102% above this benchmark. While the company's 10-year median is 11.90 vs. the industry median of 1.50, Mittal Life Style has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Manufacturing - Apparel & Accessories company?
The median 3-Year ROIIC % among Manufacturing - Apparel & Accessories companies is 1.50, based on 1,014 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mittal Life Style's current 3-Year ROIIC % of 3.02 is 102% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Mittal Life Style and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 3-Year ROIIC % is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mittal Life Style's current 3-Year ROIIC % is 3.02, which is 75% below median its own 10-year median of 11.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mittal Life Style stock overvalued right now?
Based on GuruFocus' analysis, Mittal Life Style (NSE:MITTAL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1.56, compared to a current price of ₹0.90 — trading 42.3% below its estimated fair value. The current 3-Year ROIIC % is 3.02, which is 75% below median its 10-year median of 11.90 and 102% above the Manufacturing - Apparel & Accessories industry median of 1.50. Mittal Life Style's overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Mittal Life Style (NSE:MITTAL), the current 3-Year ROIIC % is 3.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mittal Life Style (NSE:MITTAL) Overvalued in 2026?
Based on GuruFocus' analysis, Mittal Life Style stock appears to be undervalued.
The current stock price of ₹0.90 is trading 42.3% below its estimated GF Value™ of ₹1.56.
GuruFocus considers Mittal Life Style to be Possible Value Trap.
Key valuation signals for NSE:MITTAL:
3-Year ROIIC %: 3.02 (75% below median its 10-year median of 11.90)
GF Value™: ₹1.56 vs. price of ₹0.90 (42.3% below fair value)
Industry Position: 102% above the Manufacturing - Apparel & Accessories median (#470 of 1014)
No single metric tells the full story. See the NSE:MITTAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mittal Life Style Ltd operates in the textile industry. It is operating as the preferred supplier of denim and garment products. Dealing in supply of Bottom weight Fabrics & Denims is the principal business activity of the Company. It supplies fashion fabrics, cotton canvas denim, dupion bottom fabrics, polyester fabrics, cotton fabric, knit fabric and among other products.
63GF Score
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